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Winshear Announces Change to the Board of Directors
Globenewswire· 2025-06-09 21:00
VANCOUVER, British Columbia, June 09, 2025 (GLOBE NEWSWIRE) -- Winshear Gold Corp. (TSXV: WINS) (‘Winshear’ or the ‘Company’) reports that, following the Company’s decision to relinquish the Gaban and Ica projects in Peru and to transfer the projects back to Palamina Corp., Mr. Andrew Thomson, CEO of Palamina Corp., has resigned from Winshear’s Board of Directors. The Company thanks Mr. Thomson for his contribution to the Company and wishes Palamina success in its endeavours in Peru. About Winshear Gold Cor ...
Critical Metals Corp Releases Additional High-Grade REE Results From Diamond Drilling at Tanbreez in Greenland
GlobeNewswire News Room· 2025-06-09 18:09
Core Viewpoint - Critical Metals Corp has announced exceptional assay results from the Tanbreez Project in Greenland, indicating a significant opportunity to increase the current Maiden Resource Estimate (MRE) of rare earth materials from 225 million tonnes (MT) to an exploration target of 500MT [1][19][30]. Group 1: Assay Results and Resource Estimates - The weighted average grade from the newly released diamond drill hole results is 0.43% Total Rare Earth Oxides (TREO) with 28% Heavy Rare Earth Oxides (HREO) and 1.44% Zirconium Oxide (ZrO2) [9][13]. - The MRE for the Tanbreez Project is approximately 45MT of eudialyte containing 0.38% TREO, including 27% HREO, along with 180MT of industrial mineral by-products [1][30]. - The deep diamond drill holes have confirmed mineralization grades ranging from 0.33% to 0.51% TREO, with the potential for further resource upgrades [13][19][23]. Group 2: Drilling Plans and Operations - The company has applied for a Program of Works for the 2025 resource drilling program to upgrade the Inferred Resource to Indicated Resource category and extend the size of the Tanbreez Fjord and Hill Zone Deposits [2]. - The first stage of the drilling program will target the Fjord Deposit, while the second stage will focus on the Hill Zone Deposit, with planned depths of 60m to 150m [4][6][5]. - The company is currently re-assaying historical samples to confirm and reconcile assay results, with updates expected soon [3][7]. Group 3: Strategic Positioning and Future Outlook - The Tanbreez Project is strategically positioned to advance development plans, with ongoing exploration and fieldwork to deepen understanding of the asset's potential [1][19]. - The company holds a 42% interest in the Tanbreez Project, with the right to increase this to 92.5%, indicating strong control over the resource [1]. - The project is expected to play a crucial role in supplying critical minerals essential for electrification and next-generation technologies in Europe and its partners [38][39].
Critical Metals Corp Releases Additional High-Grade REE Results From Diamond Drilling at Tanbreez in Greenland
Globenewswire· 2025-06-09 18:09
NEW YORK, June 09, 2025 (GLOBE NEWSWIRE) -- Critical Metals Corp. (Nasdaq: CRML) (“Critical Metals Corp” or the “Company”), a leading critical minerals mining company, is pleased to publish for the first time the assay results of eleven deep diamond drill holes from the Tanbreez Project in Greenland drilled in 2007 and 2013 at the Fjord Deposit. Commenting on the assay results, Tony Sage, CEO and Executive Chairman of the Company, said: "I am further encouraged by the deep diamond drill hole results at Tanb ...
MP Materials: The Magnetic Opportunity Of US Reindustrialization
Seeking Alpha· 2025-06-03 16:44
Group 1 - MP Materials is gaining significance due to geopolitical tensions, presenting an opportunity for expansion [1] - The company is positioned to transition into a more prominent role in the market [1] Group 2 - The article reflects the author's personal opinions and does not represent any financial advice [2][3]
Winshear Gold Increases Private Placement to $750,000
Globenewswire· 2025-06-03 14:35
NOT FOR DISTRIBUTION IN THE U.S. VANCOUVER, British Columbia, June 03, 2025 (GLOBE NEWSWIRE) -- Winshear Gold Corp. (TSX-V: WINS) reports that the non-brokered private placement announced on May 28, 2025, has been increased to $750,000. Each Unit comprises one common share, priced at $0.06 per share, and one half of one common share purchase warrant. Each full warrant will allow the holder to purchase one common share of Winshear Gold at a price of $0.12 for a period of 24 months from the closing date of th ...
United States Antimony Corporation Announces Participation at Centurion One Capital 6th Annual LA Summit
Newsfile· 2025-06-02 12:00
United States Antimony Corporation Announces Participation at Centurion One Capital 6th Annual LA Summit"The Critical Minerals and ZEO Company"June 02, 2025 8:00 AM EDT | Source: Centurion One Capital Corp.Dallas, Texas--(Newsfile Corp. - June 2, 2025) - United States Antimony Corporation (NYSE American: UAMY) ("USAC," "US Antimony," or the "Company"), announced today that senior management is participating at the Centurion One Capital 6th Annual LA Summit being held at the iconic Beverly Hill ...
Terra Metals Inc. 与 Metalex Commodities 达成 1 亿美元关键矿产交易;Lunda Resources 计划于 2025 年 9 月投产一座处理能力达 240 吨/小时的铜钴加工厂
Globenewswire· 2025-05-29 13:35
北卡罗来纳州和卢萨卡夏洛特市,赞比亚, May 29, 2025 (GLOBE NEWSWIRE) -- 位于美国的关键矿产开发企业 Terra Metals Inc. 与全球能源和资源投资企业 Metalex Commodities 已完成最终谈判,双方将联合创立一家名为 Lunda Resources 的新公司,致力于在赞比亚打造全新铜钴生产强企。 该协议包括一项 1 亿美元的初始融资承诺,计划于下个月在美国驻赞比亚卢萨卡大使馆签署,充分彰显该项目与美国政府在关键矿产安全领域优先战略高度契合。 此次合作协议的签署将凸显美非在清洁能源转型方面持续深化的合作关系,也将成为该地区矿业行业的重要外交与商业里程碑。 领导力与战略远见 根据协议,Terra Metals Inc. 的董事长 Mumena Mushinge 将出任 Lunda Resources 的董事长,Metalex Commodities 的首席执行官 Ayo Sopitan 将担任该公司首席执行官。 Terra 执行董事 Brian Chisala 也将加入领导团队,进一步夯实这家合资企业在跨洲领域的专业实力。 项目里程碑:处理能力达 240 ...
Critical Metals Corp Announces Gross Proceeds of $2MM USD from the Exercise of Warrants Priced at $5.00 USD from Institutional Fund
Globenewswire· 2025-05-29 12:56
Core Viewpoint - Critical Metals Corp has exercised outstanding warrants to purchase 400,000 ordinary shares at an exercise price of $5.00 per warrant, generating approximately $2 million in gross proceeds, which will be used to advance its critical mineral projects in Greenland and Europe [1][2][3]. Group 1: Financial Actions - The company exercised warrants for 400,000 shares, resulting in gross proceeds of about $2 million [1]. - The exercise of warrants led to the removal of restrictions on an additional 1,200,000 ordinary shares [1]. Group 2: Project Development - The net proceeds from the warrant exercise will primarily support the development of the Tanbreez Project in Greenland and the Wolfsberg Project in Austria [2][3]. - The Tanbreez Project is one of the largest rare earth deposits globally, located in Southern Greenland, with year-round shipping access [4]. - The Wolfsberg Lithium Project is the first fully permitted mine in Europe, strategically positioned to become a major producer of lithium products for the European market [5]. Group 3: Strategic Positioning - Critical Metals Corp aims to be a reliable supplier of critical minerals essential for defense applications and the clean energy transition [6]. - The company is focused on producing strategic products necessary for electrification and next-generation technologies for Europe and its partners [4][6].
Winshear Gold Announces $500,000 Private Placement
Globenewswire· 2025-05-29 11:30
NOT FOR DISTRIBUTION IN THE U.S. VANCOUVER, British Columbia, May 29, 2025 (GLOBE NEWSWIRE) -- Winshear Gold Corp. (TSX-V: WINS) announces a non-brokered private placement of up to 8,333,333 Units at $0.06 per Unit for gross proceeds of $500,000. Each Unit comprises one common share and one half of one common share purchase warrant. Each full warrant will allow the holder to purchase one common share of Winshear Gold at a price of $0.12 for a period of 24 months from the closing date of the financing. A fi ...
Westwater Resources (WWR) Update / Briefing Transcript
2025-05-27 18:00
Summary of Westwater Resources (WWR) Conference Call - May 27, 2025 Company Overview - **Company**: Westwater Resources Inc. (WWR) - **Industry**: Graphite production, specifically for battery anode materials Key Points and Arguments Project Updates - The qualification line at the Kelantan graphite processing plant has been successfully commissioned, producing over 800 kilograms of CHPG sample [3][4] - The qualification line can process approximately one metric ton of CFGB battery material daily, with the mainline expected to produce 12,500 metric tons per day upon Phase one completion [4] - The total cost for Phase one is estimated at CHF $245 million, with 85% of the necessary equipment already secured [4][21] - Commercial production at the Callenton facility is anticipated to begin in 2026 [4] Market Position and Demand - 100% of Phase one production capacity is already committed through existing offtake agreements, with strong demand for Phase two output of 37,500 metric tons per year [7] - Customer interest in domestically produced battery anode materials remains strong, aligning with U.S. policy goals to onshore sourcing and manufacturing of critical minerals [5][6] Financing and Supply Chain - The company is working on securing a secured debt facility to cover the remaining costs of Phase one, with a strategic priority on financing reflecting market demand [10] - Recent protests at the current feedstock supplier have temporarily slowed processes, but operations are expected to resume in June [11][12] - Westwater is diversifying its supply chain by evaluating non-Chinese feedstock sources and is close to securing a backup supply agreement [12][27] Challenges and Risks - The unexpected withdrawal of an offshore institutional investor from the financing syndication has caused delays, but the company is now working with multiple lenders [10][11] - The evolving tariff landscape may impact Phase one costs, although the company believes it is somewhat shielded from inflation due to the majority of equipment already purchased [21][22] Future Opportunities - The company received a letter of interest from the Export-Import Bank, which could provide additional funding for advancing its business beyond Phase one [36][38] - The potential for additional funding from the Export-Import Bank is being explored, although it is not currently needed to complete Phase one financing [36][41] Additional Important Information - The qualification line's operation is critical for gaining experience ahead of full operations, which is seen as a game changer for the company [18][19] - The company remains committed to transparency and operational discipline while navigating opportunities and challenges in the market [13][43]